Compliance Radar
Who was sanctioned, and for what?
Fines, court rulings and incidents from Europe, North America, Latin America, Asia-Pacific and Middle East: 1,929 cases from 40 jurisdictions, each with an official source and checked against that source before publication. Filter by country, area of law and sector. Click a chart to drill down one level.
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Where?
by authority- Banco Central do Brasil (Comitê de Decisão de Processo Administrativo Sancionador – COPAS) €432,774 92 % · 1 case
- Comissão de Valores Mobiliários (CVM) €39,713 8 % · 1 case
What for?
by action- Fine €472,487 100 % · 2 cases
Who?
by sectorAll sectors
When?
per quarter, by date of decision| Period | Cases | Total |
|---|---|---|
| Q4 2023 | 0 | – |
| Q1 2024 | 0 | – |
| Q2 2024 | 0 | – |
| Q3 2024 | 0 | – |
| Q4 2024 | 0 | – |
| Q1 2025 | 0 | – |
| Q2 2025 | 1 | €39,713 |
| Q3 2025 | 0 | – |
| Q4 2025 | 0 | – |
| Q1 2026 | 0 | – |
| Q2 2026 | 0 | – |
| Q3 2026 | 1 | €432,774 |
| Q4 2026 | 0 | – |
2 cases
12 Aug 2026 Lebes Financeira S.A. – Sociedade de Crédito, Financiamento e InvestimentoLebes Financeira: BRL 2.58m over lending to a related party above the limit €432,774
The BCB (central bank) sanctions committee COPAS imposed a fine of BRL 2,576,000.00 on Lebes Financeira S.A. – Sociedade de Crédito, Financiamento e Investimento because from January 2022 to March 2023 it engaged in prohibited credit transactions with a related company: its banking correspondent retained collected loan instalments, and the arrears reached BRL 147m at the end of November 2022, or 207.66% of adjusted equity against a limit of 10%. In addition there was a BRL 20m loan routed through a third company. The decision is not final.
If an affiliated distribution partner retains customer money, this can quickly become a prohibited loan to a related party.
- Authority / court
- Banco Central do Brasil (Comitê de Decisão de Processo Administrativo Sancionador – COPAS)
- Area of law
- Capital markets and financial supervision · Organisational requirements
- Legal basis
- Lei 13.506/2017, Art. 3 II; Lei 4.595/1964, Art. 34 § 3 V d und § 4 I; Resolução CMN 4.693/2018, Arts. 5, 6 und 7 II
- Action
- Fine
- Status of proceedings
- under appeal
- Sector
- Financial services and insurance
- Liability of senior managers
- Measures against individuals are not set out here.
Original amount 2,576,000 BRL, converted at the ECB reference rate of 12 Aug 2026.
- BCB – PAS PE 293627, Relatório, Voto e Decisão 2351/2026-COPAS de 12 de agosto de 2026 (Lebes Financeira S.A.) Decision of an authority
- BCB – Quadro geral de penalidades em PAS (OData), PAS 293627 Enforcement database of an authority
Checked against the official source on 3 Oct 2026 · Direct link
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8 Apr 2025 Regen Serviços Fiduciários Ltda.Regen Serviços Fiduciários: BRL 255,000 CVM fine over incorrect liquidity data €39,713
The CVM ordered Regen Serviços Fiduciários Ltda. to pay a fine of BRL 255,000.00 because its internal controls failed and it repeatedly submitted incorrect information to the authority on the liquidity of the investment funds it administered (Art. 19 Instrução CVM 558 until 30 June 2021, thereafter Art. 22 Resolução CVM 21). The company had not submitted a defence; an appeal with suspensive effect to the CRSFN was available against the decision.
Regulatory reports on fund liquidity need their own plausibility checks; repeated errors count as an organisational failure.
- Authority / court
- Comissão de Valores Mobiliários (CVM)
- Area of law
- Capital markets and financial supervision · Organisational requirements
- Legal basis
- Instrução CVM 558/2015, Art. 19; Resolução CVM 21/2021, Art. 22
- Action
- Fine
- Status of proceedings
- unknown
- Sector
- Financial services and insurance
- Published
- 8 Apr 2025
Original amount 255,000 BRL, converted at the ECB reference rate of 8 Apr 2025.
- CVM – CVM multa em R$ 255 mil administrador fiduciário por falhas em controles internos (PAS 19957.011992/2023-24) Press release of an authority
- CVM – PAS 19957.011992/2023-24, Voto da Diretora-Relatora (8.4.2025) Decision of an authority
Checked against the official source on 3 Oct 2026 · Direct link